FCMI Financial Corporation Acquires Shares of Paramount Gold and Silver Corp.
- Press Release
- Source: Paramount Gold and Silver Corp.
- On 10:35 am EDT, Friday October 16, 2009
TORONTO, ONTARIO--(Marketwire - 10/16/09) - FCMI Financial Corporation ("FCMI Financial") has acquired 4,000,000 common shares of Paramount Gold and Silver Corp. (TSX:PZG - News)(AMEX:PZG - News)(Frankfurt:P6G - News) from treasury at a price of US$1.25 per common share in a public offering.
FCMI Financial owns 16,000,000 common shares representing 15.78% of the total outstanding Common Shares.
FCMI Financial has purchased such common shares for investment purposes and intends, subject to market conditions, to make additional acquisitions or dispositions in securities of Paramount Gold and Silver Corp. in the future.
Contact:
Contacts:
Henry Fenig
416-350-2890
416-364-0572 (FAX)
Related Headlines
- PARAMOUNT GOLD & SILVER CORP. Financials - EDGAR Online Financials
- PARAMOUNT GOLD & SILVER CORP. Files SEC form 10-Q, Quarterly Report - EDGAR Online
- Paramount Gold and Silver Reports Positive Results from Monte Cristo Target - Marketwire
- FCMI Financial Corporation Acquires Shares of Paramount Gold and Silver Corp. - Marketwire
- PARAMOUNT GOLD & SILVER CORP. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits - EDGAR Online
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